All articles by Craig Ritchie – Page 65
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NewsFishing sales up, watercraft sales down in mixed Q3 for Johnson Outdoors
US sporting equipment manufacturer to focus on new product innovation in face of softer boating market
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NewsYamaha US Marine Business Unit names new chief of technology
Grant Suzuki named to lead advanced development teams in building out CASE strategy
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NewsAnother record quarter for Cummins
Q2 revenues of US$8.6bn mark 31% YoY increase in strong quarter for US engine builder
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NewsSofter marine, RV markets lead to revenue, profit declines for Myers Industries
Mild gains in distribution segment revenues and overall gross margin highlight otherwise tough quarter for US plastics manufacturer
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NewsGarmin Q2 revenues up 6%
Marine segment contributes US$46m in operating income as US electronics firm returns to consolidated revenue growth
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NewsXylem Q2 revenues grow 26%
Rule, Jabsco and Flojet parent raises full-year earnings and EPS guidance based on strong first six months
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NewsCaterpillar reports double-digit gains across the board in ‘better than expected’ Q2
22% growth in revenues, 88% growth in operating profit and 75% gain in adjusted profit per share highlight strong second quarter results for US engine builder
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ElectrificationPortuguese start-up debuts solar-powered charging dock concept
Faroboats unveils innovative solar-powered dock with integral EV charging capability
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NewsIntellian targets small vessel market with new satcom partnership
Collaboration with SK Telink aims to ‘significantly enhance’ satcom service for smaller yachts and fishing vessels in the Asia Pacific market
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NewsRecord Q2 for OXE Marine
Swedish diesel outboard builder records highest quarterly revenues in company history driven by growth in Americas
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NewsTohatsu, Honda to develop electric outboard
Joint development agreement will see outboard manufacturers collaborate on electric propulsion system for small boats
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NewsStrong Q2 for Brunswick despite June IT incident
Market share gains and improving boat sales help offset revenue impact of IT security event estimated in US$80m - $85m range
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NewsRecord Q2 revenues, margins for Teledyne
Raymarine parent reports net sales of US$1.42bn, net income of $185.3m in strong second quarter driven by high demand for imaging equipment
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NewsManagement appointments at IMTRA
US importer names new vice president of operations, HR director
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NewsNew president for Trivantage
Bret Kelley to head US fabrics manufacturer upon retirement of outgoing president Steve Ellington in January 2024
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NewsRecord Q2 for Marine Products Corp
Chaparral, Robalo boats parent reports increased revenues, gross profit, gross margin and net income despite softening market
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NewsStrong Q2 leads Polaris to raise full-year guidance
Marine division posts market share and profit margin increases despite overall sales decline on softer pontoon market
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NewsHubbell Q2 revenues up 9%
Electrical equipment manufacturer anticipates full year growth of 8% to 10% on strength of steady market
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NewsFreedom Boat Club to open 400th location
New Jupiter, Florida location set to begin operations in August
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NewsManagement appointments at Suzuki Marine US
Cerka, Ewing named to general manager roles as outboard engine builder positions for future growth









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